Breitbart posted an article today about the impact the economic policies of President Trump have had on poverty.
The article reports:
Black Americans are experiencing an economic renaissance under President Donald Trump.
Black unemployment hit a new low last week of 5.5% — the level once described in economics textbooks as “full employment” — and the gap between black and white unemployment shrank to its lowest margin ever.
This week, Census data showed that black poverty has dropped to its lowest level ever (18.8%). The reason: wages are climbing, even in low-wage jobs.
This is the Promised Land that left-wing activists have talked about for decades. Except they do not seem to have received the memo.
Listen to the Democratic presidential candidates debate, and you will still hear them complain that the economy is terrible, that the middle class is shrinking, that we need to redistribute income and wealth from the rich to the poor to over come the “white privilege” that is our country’s original sin, dating to slavery in 1619.
All of that is untrue. The economy continues to perform well, despite media-hyped fears of recession. Yes, the pace of hiring is slowing in some sectors, but that is partly because of the scarcity of labor — which is also driving wages up. Yes, the trade war is hurting some individual businesses, and China is retaliating against American agriculture — but the trade war has failed to drive up prices so far, as many people (including me) had expected.
The article notes:
While funding for historically black colleges and universities (HBCUs) declined under President Barack Obama, for example, “under the Trump administration, federal funding for HBCUs has increased by more than $100 million over the last two years, a 17% increase since 2017.”
The above information is a surprise to me. It totally goes against anything the mainstream media is telling us about President Trump. The article reminds us that President Trump’s economic policies have benefited all Americans–a strong economy is the best solution to poverty in minority communities.
The article concludes:
Limited government allows black Americans to do for themselves what government fails to do for anyone.
The Democrats do not get it. They are talking reparations — the brainchild of Al Sharpton, one of the worst racial demagogues in the country, whom Obama rehabilitated to provide political cover within the black community.
The frontrunners, including former vice president Joe Biden, promise to raise taxes, kill the energy industry, and bring back hyperregulation. They claim to be fighting racism. Trump has shown black Americans there is a better way.
Obviously this is not a message Americans will hear from the mainstream media. However, voters are perfectly capable of seeing the positive economic changes in their own lives and the lives of the people around them. That is one of the main reasons the media is trying to convince voters that a recession is right around the corner. Will voters believe what they see or what the media tells them? What voters believe will determine whether or not our economy continues to prosper.